GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Adriano Care Socimi SA (XMAD:YADR) » Definitions » Accounts Receivable

Adriano Care Socimi (XMAD:YADR) Accounts Receivable : €2.76 Mil (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Adriano Care Socimi Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Adriano Care Socimi's accounts receivables for the quarter that ended in Dec. 2023 was €2.76 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Adriano Care Socimi's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 59.91.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Adriano Care Socimi's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-10.42.


Adriano Care Socimi Accounts Receivable Historical Data

The historical data trend for Adriano Care Socimi's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Adriano Care Socimi Accounts Receivable Chart

Adriano Care Socimi Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 1.25 1.07 0.81 1.79 2.76

Adriano Care Socimi Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only 0.81 0.85 1.79 2.15 2.76

Adriano Care Socimi Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Adriano Care Socimi Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Adriano Care Socimi's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.759/8.405*91
=59.91

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Adriano Care Socimi's accounts receivable are only considered to be worth 75% of book value:

Adriano Care Socimi's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(6.207+0.75 * 2.759+0.5 * 0-133.016
-0-0)/11.9728
=-10.42

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Adriano Care Socimi Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Adriano Care Socimi's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Adriano Care Socimi (XMAD:YADR) Business Description

Traded in Other Exchanges
N/A
Address
C/ Villanueva 2 bis - planta jardin, Madrid, ESP, 28001
Adriano Care Socimi SA is engaged in creating a real estate portfolio of assets related to the elderly, with the purpose of maximizing shareholder's returns through active asset management of the acquired. Its portfolio includes geriatric residences, homes adapted for the elderly, and other care centers for this group.

Adriano Care Socimi (XMAD:YADR) Headlines

No Headlines